Anybody who’s ever drawn a paycheck is a compensation expert. As say on pay enters its third year, it has empowered paycheck-drawing shareholders to speak up by casting “no” votes to proxy statement descriptions of executive compensation programs that fail to make the grade. Compensation committees and boards need to find new ways to pay and to make their compensation discussions and analyses (CD&As) and proxy statements tell more convincing stories.

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(9 pgs)

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